The Babcock & Wilcox Company and Fidelis New Energy have formed a global alliance for technology to produce clean H₂. The alliance pairs B&W’s bubbling fluidized bed boiler technology and equipment with Fidelis’ proprietary patent-pending FidelisH2 technologies to produce zero-carbon intensity H₂.

The FidelisH2 Alliance Program and associated technologies enable world-class scale production of clean H₂ from natural gas with a lifecycle carbon intensity that meets the required threshold under the Inflation Reduction Act to qualify for the full $3/kg 45V H₂ production tax credit. The lifecycle carbon neutral H₂ is therefore a net-zero product, meaning that there is no net CO₂ released into the atmosphere because of making the H₂.

B&W’s industry leading renewable energy technologies and equipment greatly complement FidelisH2, which utilizes proven technologies from leading global companies in a novel integration to provide industrial-scale clean H₂ solutions. This enables the generation of valuable environmental impact reductions while qualifying for related credits and incentives, including the $3/kg of H₂ produced, the maximum allowable 45V Hydrogen Production Tax Credit included in the Inflation Reduction Act of 2022.

“We are excited to deepen our partnership with Fidelis and join the FidelisH2 Alliance Program,” said Kenny Young, Chief Executive Officer, B&W. “Leveraging B&W’s advanced renewable energy equipment technology along with the novel FidelisH2 technology will enable the production of clean hydrogen with a lifecycle carbon intensity of net zero. This is a win-win for our companies, the environment and the U.S.’ and global clean energy goals.”

Jimmy Morgan, Executive Vice President and Chief Operating Officer, B&W, said, “We look forward to utilizing our best-in-class boiler and power plant expertise inside of our growing renewable energy portfolio with the patent-pending FidelisH2 technology to advance the production of clean hydrogen. This alliance will allow us to rapidly expand our global reach, open new markets, and execute projects that advance the production of hydrogen with zero carbon intensity.”

Fidelis Co-Founder and Chief Executive Officer, Dan Shapiro, said, “We are excited to welcome B&W into the FidelisH2 Alliance Program to synergistically leverage B&W’s world-class boiler technologies with our FidelisH2 technologies to enable our licensees and project partners to produce economically and environmentally advantaged hydrogen with zero carbon intensity.”

Fidelis Co-Founder and Chief Operating Officer, Bengt Jarlsjo, said, “We look forward to deploying FidelisH2 across our future projects and providing the FidelisH2 Alliance Program offering to select licensees and partners seeking to produce zero carbon intensity clean hydrogen utilizing certified natural gas and renewable energy. We greatly appreciate B&W’s support and look forward to their contribution as a key component of the FidelisH2 Alliance Program.”